Consolidate your accounts.
Stay in control
of your close.
Outsourcing, additional team capacity or first-time consolidation: Calisto Consulting supports you from data collection to the preparation of consolidated financial statements.
Business and systems expertise supporting documented processes, explicit controls and a shared Group view.
The right level of support.
At the right time.
We define the scope with your finance team, taking your resources, deadlines and organisation into account.
Outsource consolidation
Entrust us with all or part of your consolidated accounts production. We organise the agreed work, monitor submissions and prepare the required processing and reports.
You retain accounting decisions, approvals and responsibility for your accounts. Roles, deliverables and communications are defined at the outset.
Strengthen your team
Bring in consolidation support during a close, a scope change or a transition period. We work alongside your staff on the agreed tasks.
Variance analysis, reporting package reviews, intragroup transactions or documentation: our work fits your methods and tools.
Structure your process
Prepare your first consolidation or improve an existing process: scope, Group chart of accounts, reporting packages, controls and reporting needs.
We connect business requirements with application design, including acceptance testing of data, processing and financial statements.
Your context comes first. The work is scoped around your accounting framework, including IFRS or French consolidation rules, your consolidation scope and closing frequency. Complex matters and accounting options are identified for analysis and validation with the appropriate stakeholders.
Clear stages.
Clear responsibilities.
A useful timetable links every deadline to an expected input, an owner and an approval. We build it with you around information availability and reporting obligations.
Blockers, late corrections and their effects on the schedule are shared to support decisions.
Before collection: prepare
Review scope, methods, mappings and changes in reference data. Specify expected inputs, subsidiary instructions and submission milestones. Identify transactions requiring specific analysis.
On submission: validate
Track reporting packages and supporting information. Review consistency checks, intragroup reconciliations and significant variances. Coordinate issue resolution with the relevant contributors.
During consolidation: explain
Run and check the agreed processing. Document adjustments and manual entries, analyse movements and reconcile reports. Every adjustment must be traceable to its source and rationale.
During review: finalise
Prepare the agreed consolidated statements and closing file. Track open points, expected responses and approvals. Support technical discussions with your auditors within the agreed engagement.
After the close: improve
Review difficulties, corrections and dependencies. Define improvements for the next cycle: reporting package quality, controls, documentation, training or application changes.
Produce the accounts.
Keep the supporting explanation.
The exact deliverables depend on your accounting framework, organisation and the contractual scope of the engagement.
Statements & reporting
Balance sheet, income statement and other agreed statements, with the analyses and information needed to prepare them. Format and detail are aligned with your publication and management needs.
Closing file
Supporting entries, reconciliations, controls and review tracking. Organised documentation makes the work easier to understand, hand over to your teams and discuss with auditors.
Monitoring & knowledge transfer
Progress reports, decisions required and recommendations for the next close. Procedures and explanations help your teams understand the process and become more autonomous.
Business and systems.
In real projects.
Distinct engagements in statutory consolidation, support and application maintenance.
E-novate
Structuring statutory consolidation: scope, accounting framework, collection, controls and implementation in Amelkis EPM.
Explore the E-novate projectGivaudan
SAP BFC functional and application support to help teams use their statutory consolidation solution.
Explore the Givaudan projectConforama
Oracle HFM maintenance and expertise, combining business and application knowledge to analyse requests and support users.
Explore the Conforama projectYour consolidation environment
We can work in your existing application or support an upgrade project. SAP BFC, SAP BPC, Oracle HFM, Amelkis or Anaplan: the approach starts with Group needs, data quality and expected usage.
A migration requires historical data transfer, reconciliation controls, acceptance testing and cutover criteria. We include these in project scoping.
Our EPM integration supportDevelop your teams’ skills
Business training explains consolidation mechanisms. Tool training focuses on using and configuring the solution. Both complement each other according to each participant’s role and experience.
Our catalogue separates business training from tool training, organised by vendor.
Explore business and tool trainingClarify your needs.
Prepare our collaboration.
Can we outsource only part of consolidation?
Yes. The engagement can cover a full set of tasks or selected stages. Scoping defines who collects, prepares, checks and approves, together with the data and access required.
Do we need to change tools to receive support?
A tool change is not a prerequisite. We assess your environment and expected work. If changes are needed, the application project and closing obligations are organised with separate milestones and acceptance testing.
How long does it take to get started?
Timing depends on scope, data availability, existing documentation and Group deadlines. An initial scoping discussion establishes a realistic timetable and each team’s expected contribution.
What should we prepare for the first discussion?
Group scope, accounting framework, closing timetable, current tools and priority issues are a good starting point. Recent consolidated statements and process documentation help refine the proposal.
How are discussions with statutory auditors organised?
Contacts, expected documents and review points are agreed with your finance team. We support preparation and technical discussions; our work does not replace your approvals or the statutory audit.
Insights for
your next projects.
A close to prepare?
A process to improve?
Let’s discuss your scope, deadlines and the right support for your teams.